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TRREB adds AI platform Ardi to its client services menu

1 week ago

TRREB adds AI platform Ardi to its client services menu

The Toronto Regional Real Estate Board (TRREB) will be giving members access to an AI-powered virtual assistant which answers questions about the organization and the industry, joining a wave of organizations exploring the potential of the rapidly emerging technology.

'New home buyers are nowhere to be found' in GTA

The Building Industry and Land Development Association said on Friday there were 347 new homes sales last month in the Greater Toronto Area (GTA), down 40 per cent year over year, and 77 per cent below the 10-year average.

B.C. real estate sees balance heading into 2025

After periods of rapid price appreciation over the past two decades, B.C. real estate is seeing less volatility and more stability, potentially indicating a new normal of balance in valuations and assessments.

Gairloch breaks ground on Craft Residences

Gairloch and Tenblock have officially started construction at Craft Residences, a boutique eight-storey, 87-unit project marking Gairloch's third project in the west end of Toronto. Craft Residences is designed by BDP Quadrangle with interiors by Mason Studio.

New data reveals shifting buyer trends, investor pullback

According to the latest Teranet data, many of the province’s market trends are reversed in its largest city. For example, while condos make up just 25 per cent of land transfers across Ontario, they surge to 60 per cent in Toronto.

Homeowners expect mortgage payments to rise on renewal

As more than one million mortgages come up for renewal in Canada this year, a new survey from Royal LePage says the majority of those homeowners expect to pay more in their monthly borrowing costs.

6 months from your mortgage renewal? Lock in now

In the months leading up to the end of your mortgage term, a letter will arrive prompting you to sign on the dotted line to lock back in for another term. But it almost never contains a competitive mortgage rate.

Macroeconomics are playing Jenga with home values

Despite rates nearing multi-year lows, the real estate market remains largely unmoved. According to data from the Canadian Real Estate Association, benchmark home prices have been flatlining for a year.

Younger people are bitter about housing. When will they roar?

People in their 20s, 30s and 40s — known as millennials and Generation Z — feel their hard work is not paying off for them as it did for their parents when they bought their homes, pollster Darrell Bricker said.

Re/Max reaches settlement in real estate commission lawsuits

Re/Max Canada confirms it has reached a “substantial agreement on monetary terms and business practice changes” to settle two proposed class-action lawsuits challenging real estate commission structures, a significant development in the ongoing legal battle over commissions in Canada.

In central Vancouver, a tale of two plans

OPINION: Around the King Edward SkyTrain station on Vancouver’s west side, new six-storey residential buildings have popped up along the major streets. On the side streets, a block over, new townhouses sit among older detached houses on 50-foot lots.

Nova Scotia to double deed transfer tax

Nova Scotia is doubling the deed transfer tax for out-of-province residential property purchasers as of April 1. The newly released 2025-26 provincial budget estimates that should yield an extra $13.2 million in tax revenue compared to 2024-25.

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